A complete reworking of an established and successful seller.
The only book in the UK market designed for the manager,
entrepreneur or professional investor, to help them understand a
company or a competitor's accounts.
- General reworking of international references to show changes
to accounting rules
- Complete reworking of current Chapter 8 "Accounts in Other
Countries" to introduce the global harmonisation process in GAAP.
This is the shift from country by country specific Generally
Accepted Accounting Procedures - hence GAAP - to the International
Financial Reporting Standards (IFRS) which have been adopted by the
International Accounting Standards Board. As of 1 March 2008 over
75 countries require the use of IFRS. A list of countries
subscribing to IFRS can be found at http:
//www.iasplus.com/country/useias.htm . The US should seek
convergence by 2009
- Material on emerging markets and their accounting similarities
and differences
- Detailed updating of the case study accounts - currently
Johnson Matthey - possibly to use the accounts of Marks and
Spencer
- List of useful websites and accounting links
General
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